Porch (PRCH) Acquisitions (2020 - 2023)

Porch (PRCH) posted quarterly Acquisitions of $2.0 million for Q1 2023, down 60.12% YoY from $5.0 million in Q1 2022, and up 21.48% sequentially from $1.6 million in Q4 2022.

Porch (PRCH) Acquisitions (2020 - 2023) Analysis & Trends

Porch has disclosed Acquisitions across 4 years of filings, most recently posting $2.0 million for Q1 2023.

  • In Q1 2023, Acquisitions fell 60.12% year-over-year to $2.0 million; the TTM figure through Dec 2023 stood at $2.0 million (down 94.89% YoY), while the FY2023 annual figure was $2.0 million, down 94.89% from the prior year.
  • Acquisitions rose to $2.0 million in Q1 2023, from $1.6 million in the prior quarter.
  • Over the last five years, Acquisitions for PRCH reached as high as $105.0 million in Q2 2021 and fell as low as $1.6 million in Q4 2022.
  • The 4-year median for Acquisitions is $14.5 million (2020), against an average of $30.3 million.
  • Annual changes were most pronounced in 2021 — Acquisitions jumped 1159.5% — and 2022, when it slumped 97.91%.
  • A 4-year view of Acquisitions shows it stood at $6.2 million in 2020, then jumped by 1159.5% to $77.7 million in 2021, then tumbled by 97.91% to $1.6 million in 2022, then advanced by 21.48% to $2.0 million in 2023.
  • According to Business Quant data, Acquisitions over the past three periods registered $2.0 million, $1.6 million, and $5.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 20.16 Mn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn -
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn -
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn -
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn -
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn -
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - 5.46 Bn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn -
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn -
10 Porch 1.70 Bn 1.56 Bn 90.85 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 1.97 Mn
Dec 31, 2022 1.63 Mn
Sep 30, 2022 4.95 Mn
Jun 30, 2022 27.10 Mn
Mar 31, 2022 4.95 Mn
Dec 31, 2021 77.75 Mn
Sep 30, 2021 50.80 Mn
Jun 30, 2021 105.00 Mn
Mar 31, 2021 22.88 Mn
Dec 31, 2020 6.17 Mn